VCI Global secures $30m investment for AI data center in Malaysia
Plans for the data center first surfaced in June
Plans for the data center first surfaced in June
Amounts to $20 billion of investment globally
Up 23 percent compared to H1 last year
Vacancy runs low at 3% with AI boosting demand; Atlanta sees more absorption than Virginia
And rental rates still on the rise
Company will double optical production capacity and still be outstripped
Company currently valued at $2.2bn
Company announced plans for cloud region in 2021
Funding will help to expand company's AI-powered grid management platform
Deal with G42 includes $1bn development fund
Lack of mine investment will also contribute to supply deficit
Data center is set to launch in early 2025
Company featuring DeepMind alums valued at $350m
Schneider subsidiary Aveva to integrate with Nvidia Omniverse for digital twins
AI 'revolution' will boost data center capacity, CEO of Dell says